FOR SALE
Reduced - $1,300,000

1720 Millaa Millaa Road
Malanda QLD 4885

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 624m2
Land area: 1.22ha
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ESCAPE TO THE COUNTRY

Currently providing short term tenancy, the property has an income stream of just over $2000 per week. The Manor is being sold WIWO, it's ready to move in and enjoy a passive income stream.
There is a registered commercial kitchen and licensed restaurant onsite, it’s not operating at the moment but has been very popular with locals and tourists alike in recent times. If you enjoy cooking, you can reap the benefits or there is the potential to sub lease this area out.
The Malanda Manor is ready for its next entrepreneur to take it to its full potential of profitability. Extensively and lovingly renovated, this Grand Old Lady has an array of options to how you would like to operate the business. Situated on popular road that connects the coast with the Tablelands, it has ideal roadside exposure.
In the prior years the establishment has been used for holiday accommodation, murder mystery parties, weddings and small work conferences which have always been well received due to the unique cozy country setting which makes it ideal to bring family, friends and colleagues together. The accommodation and restaurant are council approved with additional approvals in place for a shop and animal farm.
Inside the property features the following:
Ground floor:
- 1 x 2 bedroom apartment which can comfortably accommodate up to 6 guests fully self-contained with kitchenette and private bathroom.
- 2 x Stand alone rooms with shared bathroom and separate shower.
- Common room with pool table and access to the back patio.
- Commercial Kitchen with impressive fit out and new commercial grade flooring installed 2022
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Property Details for 1720 Millaa Millaa Rd, Malanda

Building Type
Commercial
Floor Size
624m2
Land Size
1.22ha

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About Malanda 4885

The size of Malanda is approximately 44.8 square kilometres. It has 3 parks covering nearly 0.4% of total area. The population of Malanda in 2011 was 2,052 people. By 2016 the population was 1,996 showing a population decline of 2.7% in the area during that time. The predominant age group in Malanda is 60-69 years. Households in Malanda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Malanda work in a professional occupation. In 2011, 66.5% of the homes in Malanda were owner-occupied compared with 70.2% in 2016.

Malanda has 1,128 properties. Over the last 5 years, Houses in Malanda have seen a 64.85% increase in median value, while Units have seen a 25.52% increase. As at 30 November 2024:

  • The median value for Houses in Malanda is $520,562 while the median value for Units is $375,410.
  • Houses have a median rent of $450 while Units have a median rent of $220.
There are currently 22 properties listed for sale, and 1 property listed for rent in Malanda on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Malanda.

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Janine Rielly
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Jeanette Suffield
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Elders Real Estate Malanda
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